The Euro continues to push higher and some are starting to doubt whether we will see a bearish resumption. I retain my bearish outlook and will be looking to sell. USD/JPY has been impressive of late but don't get sucked into a short trade despite overbought readings. Elsewhere, the EUR/AUD long trade is looking great.
Joel Kruger is a former currency strategist turned full-time trader with over 10 years experience in foreign exchange markets. Joel analyzes and trades markets with a niche blended techno-fundamental approach.
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